Why are Apple products different from their competitors?

There are no silos inside Apple and all decisions are made by this single executive committee. That is why everything Apple does works together so seamlessly. This difference in the way Apple runs its company compared to competitors can’t be emphasized enough. It gives Apple a big edge over the competition.

Why are Apple products more expensive in the Philippines?

“Apple Japan enjoys huge cost advantages due to the scale of operation with much lower cost per unit comparing with the Philippines.” Consequently, the vendor is more likely to pursue “profitability rather than volume” in the Philippines, resulting in it tending to “set a higher price” there.

How does Apple compared to its competitors?

Apple dominates the tablet market with 56.62\%. The nearest competition that they have is Samsung with a market share of 24.06\% only. Other brands that are its competitors in this area are Amazon with 5.44\% shares, Huawei with 3.97\%, and lastly Asus with 1.62\%.

How does Apple deal with their competitors?

A key competitive advantage for the company is its ability to develop innovative products that share the same operating system, software and applications. This minimizes the risk, timescale and costs of product development, enabling the company to introduce a stream of new products and stay ahead of competitors.

How does Apple respond to competition?

Apple sets premium prices for its products and minimizes discounts to wholesalers to keep prices consistent across the market. The company aims to offer customers a high-quality product with unique features and uses high prices to reinforce the perception of added value and maintain profitability.

Why is Apple more expensive in other countries?

one of the biggest reasons why Apple products are so expensive overseas is because of taxes. And the perfect example of this is the Value Added Tax or VAT, which exists in over 140 countries around the world. In places like the European Union a VAT is a consumption tax added to the price of goods and services.

Why does Apple charge so much for iPhones?

So, rather than allow retailers to make a profit out of discounting the iPhone, Apple essentially pays them not to discount it. Another big factor in all of this is that Apple charges as much as it does because it can. In Samsung’s recent shake-up it inflated the price of the Samsung Galaxy series and many thought it would be game over.

Why are Apple products so expensive?

Because of this “Apple Tax” Apple products are often more expensive than its competitors. Visit Business Insider’s homepage for more stories. Following is a transcript of the video. Narrator: In 2016, the iPhone 7 started at $649. Three years later, Apple’s flagship iPhone cost 54\% more. It’s even more dramatic for the Mac Mini.

Why do Retailers follow Apple’s orders on pricing?

This faith is the same reason retailers follow Apple’s orders on pricing. They believe that by stocking the iPhone and obeying Apple’s orders that they will benefit in the long run (which they typically do on the high profit margin accessories front).

What makes Apple so special?

What makes Apple special is its ability to pull larger profits than its competitors. Instead of a technology company, think of Apple as a luxury brand. As with Gucci or Hermès, customers pay more because the logo is a status symbol.